Washington (Sept. 9, 2002) -- After promising to get tough with attorneys who defend companies and individuals in actions with the Securities and Exchange Commission, the financial regulator passed a measure last week that would toughen penalties in cases heard before commission judges.
The rule, passed unanimously, means the SEC commissioners would have the latitude to consider whether increasing punishment is "in the public interest" in individual cases.
--Electronic Accountant Newswire staff
The IRS has long offered alternative dispute resolution, but says use has declined in recent years, and it hopes to make it more attractive and accessible.
Turns out clients are as mistaken about tax preparers as they are about taxes.
Lindsay Stevenson's transformation team drives innovation for Top 50 Firm BPM
Its investigators identified a scheme to improperly claim COVID relief tax credits.
Thomson Reuters announced the release of CoCounsel, a generative solution within Checkpoint Edge meant to help tax professionals with complex research.
$28 million in grants are available for Low Income Taxpayer Clinics, with a particular emphasis on states and counties that aren't currently covered.
